Why gas prices matter

Published



Has President Obama’s pay-grade slipped again? He once wielded the power to stop oceans from rising, and, more recently, to revive an entire economy through targeted government spending.

But now the most powerful man in the world has met his match. On gas prices, Obama is completely powerless. And he has just burnt a year’s salary’s worth of jet fuel on a domestic apology tour to make that point to voters.

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